Economic justice policy officer
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Coal is the single greatest source of CO2 emissions endangering our climate. Yet never before has so much coal been mined on the planet as today. Since 2000, global coal production has grown by 70% and has now reached a staggering 7.9 billion tons annually. And what’s more, the industry is still expanding. Who on earth is financing the enormous production increases of the world’s dirtiest fossil fuel?
Banking on coal – Undermining our climate
November 15, 2013 | Read more
Coal is the single greatest source of carbon emissions endangering our climate. Yet never before has so much coal been mined on the planet as today. Since 2000, global coal production has grown by 70% and has now reached a staggering 7.9 billion tons annually. And what’s more, the industry is still expanding. Who on earth is financing the enormous production increases of the world’s dirtiest fossil fuel? ‘Banking on Coal’ answers this question with a focus on commercial banks.
NGO statement on EU funds’ programming half time
November 14, 2013 | Read more
Based on analysis of Partnership Agreements and experiences of ‘partnership’ in current programming, participants are regrettably forming the view that Member States’ current planning of Regional Development funding for the period 2014 -2020 fails to acknowledge that Europe’s current ecological footprint lays way beyond the planet’s carrying capacity and, as a consequence, that economic and regional development – fostered by the EU funds – has to transform production and consumption patterns to a sustainable level that does not over-exploit natural resources.
The manipulation of a tender for a metro line extension in Prague – financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB’s ability to identify and avoid mismanagement in the infrastructure projects it finances.
Bankwatch Mail 57
November 11, 2013 | Read more
Coinciding with the beginning of international climate negotiations at the COP19/CMP9 in Warsaw and with many observers already questioning the Polish government’s ambitions for the summit, Issue 57 of Bankwatch Mail introduces the country also known as Coal-land and finds (among many other things) people protesting (successfully) against the pervasive smell of coal in the air.
